Iran maintains continuous military and administrative control over Greater Tunb Island since its 1971 occupation alongside Lesser Tunb and Abu Musa, with IRGC garrisons, naval facilities, and coastal defense systems intact despite U.S. strikes on missile sites there in July 2026. UAE officials renewed sovereignty claims during the September 2026 UN General Assembly session and subsequent October exchanges, advocating bilateral negotiations or referral to the International Court of Justice, while Iranian representatives described control as non-negotiable and integral to national territory. No bilateral agreements, military actions, or international interventions have altered on-ground authority in recent months, leaving trader consensus anchored in the absence of any viable pathway to a control shift.